HSBC says U.S. deferred prosecution impacting capital repatriation

May 4, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

LONDON (Reuters) – HSBC’s deferred prosecution agreement (DPA) with the U.S. Department of Justice may impact the bank’s ability to repatriate some $8 billion in capital the lender has ‘trapped’ in the country, its finance director said on Thursday.